Five Bullet Friday: Week 03
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Komodo Showcasing Multi-Chain Architecture: Z-Transaction Functionality Is Moving To A New Interlinked Chain
We’re making some important changes to our main chain which showcase how adaptable our blockchain technology is. I recommend reading our newly posted article written by @Daniel CP “Komodo Showcasing Multi-Chain Architecture: Z-Transaction Functionality Is Moving To A New Interlinked Chain” to get up to speed.
Here’s How Komodo (KMD) Deals With 51% Attacks — Explains Founder & Core Developer James Lee
“The news of Ethereum Classic (ETC) getting 51% attacked spread like a wildfire just recently. Following this hack, questions began to raise regarding the security levels of various Proof-of-Work (PoW) employing chains. Is there a major flaw floating around in the PoW framework? Is there a workaround that can minimize the damage caused by such attacks? Komodo (KMD) seems to have employed a solution that might help in case of a 51% attack, the Delayed Proof-of-Work (dPoW).
Why are exchanges the primary target for double spend attacks?
Excellent Twitter thread by Haseeb Qureshi @hosseeb explaining 51% attacks and why exchanges are the primary target for a double spend attack, both of which can be countered by Komodo’s delayed proof of work. This is a great thread to point people to when you’re in a conversation.
- Haseeb’s Twitter thread: https://twitter.com/hosseeb/status/1082815549132816384
- Komodo’s Delayed Proof of Work explained: https://blog.komodoplatform.com/delayed-proof-of-work-explained-9a74250dbb86
Komodo, just another crypto or better than Bitcoin?
Trade Crypto Live does an in-depth analysis of Komodo in this Youtube video.
- 00:47 Komodo Overview
- 02:45 Keys of Komodo
- 07:01 Atomic Swamps and BarterDEX
- 07:25 Cross Chain Smart Contracts
- 08:03 Delayed Proof of Work
- 10:09 Myths and Facts of dPoW
- 11:25 What the Notary Node Do
- 12:01 Jumbler, the decentralized tumbler
- 13:18 China loves Komodo
Would you like to write for Komodo?
We would like to invite the submission of articles for our ‘community content’ section on Medium. Each submission should include a story, no matter how brief, to draw the readers into your story and understand how the tech works in real life. Read our submission guidelines here and you could find yourself published and featured in this newsletter.
